The Africa-focused GSMA event MWC Kigali 2023 is well under way and is proving a useful platform for some major service providers to comment on government policy across the continent – notably on taxation. In fact six CEOs, representing some of the continent’s biggest operators, have published a communique at the show urging governments to establish new policies to…
A high-level roundtable discussion at the 2023 edition of African Energy Week (AEW) highlighted how the U.S. and African countries can continue to partner across technology, policy and investment. The session began by delving into the U.S.’ relationship with Equatorial Guinea – in which it is the largest single foreign investor – and emphasized the need to identify bankable…
Issued by: CareerJunction The CareerJunction Employment Insights Report provides an analysis of the supply and demand trends in the online job market, to represent online labour dynamics in South Africa. The analysis and findings serve as a foundation for potential HR solutions & strategies, enabling businesses and recruitment agencies to focus on relevant occupations when developing their talent attraction…
Kenya targets to kick off the construction of its first nuclear power plant in 2027 as the country seeks to further diversify its energy generation amid rising demand and push for zero-carbon energy. Acting CEO of the Nuclear Power and Energy Agency (NuPEA) Justus Wabuyabo told the Business Daily the agency has advanced plans to float international tenders for the construction…
Emobility refers to electric vehicles, ideally powered by renewable energy sources Numerous South Africans facing daily challenges commuting to their workplaces via minibus taxis or cars on crowded highways might have difficulty accepting that an electric mobility revolution is on the horizon. However, several factors are pointing in that direction. Emobility refers to electric vehicles, ideally powered by renewable…
According to the Energy and Water Utilities Regulatory Authority (Ewura), cap prices for petroleum products have surged as shortage has caused the value of the dollar to rise, leading to an increase in the cost of importing fuel. Dar es Salaam. Motorists in Tanzania will have to dig deeper into their pockets after fuel prices hit the roof by…
By Clifton Movirongo. The Namibia Oil and Gas Conference, coordinated by the Economic Association of Namibia (EAN), the Namibia Investment Promotion and Development Board, and the Hanns Seidel Foundation, was officially launched on Tuesday in Windhoek and will take place on 16 and 17 August. The conference’s primary goal is to create a platform for a large-scale public consultation,…
By bird story agency Natural gas-powered vehicles are becoming increasingly popular across Africa thanks to supportive policies, infrastructure development and heightened investor appeal. Several African nations are taking advantage of their ample natural gas reserves to introduce gas-powered four-wheel vehicles to the roads. Nigeria, with substantial natural gas reserves, has approved the widespread use of vehicles powered by compressed…
Uganda and Russia have agreed to build a nuclear power plant, Ugandan President Yoweri Kaguta Museveni said at a meeting with Russian President Vladimir Putin on the sidelines of the Russia-Africa summit. He also noted great potential in phosphates and ammonia production, and invited Russian companies to participate in this. The president said his country would also like to…
Egypt will face regular power cuts until the middle of next week as the government limits consumption of gas during a heatwave, the cabinet said on Wednesday. Residents have reported power cuts in several areas in Cairo this week as temperatures have risen above 40 degrees during a heatwave that has affected southern Europe and North Africa and coincided…
Prices at the pump almost tripled at service stations in Nigeria after the new President announced on Monday that he would end fuel subsidies, journalists observed on Wednesday in several towns across the country.Bola Ahmed Tinubu, who had just been sworn in as president, had declared on Monday that he would end fuel subsidies, one of his campaign promises,…
International Energy Companies (IEC) that are involved in negotiations with the government of Tanzania on the LNG project have said that there has been a breakthrough in talks between the two sides. In his social media post, Jared Kuehl, Shell’s Vice President for Tanzania and Country Chair, said the energy companies (IEC) have concluded the negotiations with the government…
According to the most recent data from Tanzania’s central bank, Tanzanian coal exports experienced a seven-fold increase in the year to March as a result of the strong demand brought on by Europe’s energy crisis as a result of Russia’s invasion of Ukraine. In September 2022, Business Insider Africa reported that the rise in demand for coal is a…
Summary Retail prices of petrol and diesel imported through the Dar es Salaam port have increased by Sh90 and Sh24 per litre respectively. Dar es Salaam. Retail prices of petrol and diesel imported through the Dar es Salaam port have increased by Sh90 and Sh24 per litre respectively. According to the new fuel cap price released by the Energy…
The government of Tanzania, the African Development Bank, and the French Development Agency (AFD) have signed agreements for two development project loans worth $300 million. The funds will finance the construction of the 87.8-megawatt Kakono Hydropower Plant located in Kagera region in the northern part of Tanzania. The project also received a grant of EURO 36 million from the…
THE first Liquefied Petroleum Gas (LPG) exhibition prepared by LPG EXPO Company from Singapore, Tanzania LPG Association (TZLPGA) with collaboration with the government of Tanzania, will take place next week in Dar es Salaam. Speaking to the media on Thursday in Dar es Salaam, the Director of LPG EXPO, Catherine Ho, said that the exhibition will take place from…
South Africa’s debt-ridden state power utility is recruiting its 14th chief executive officer in a decade, but finding someone who can do the job and actually wants it will be a tall ask. Eskom Holdings SOC Ltd. supplies more than 90% of the nation’s electricity, has more than 42,000 employees and doesn’t earn enough to cover its operating costs…
THE global market for natural gas is ripe, making the next month’s signing agreement between the government and major oil investors timely and worth it. Recently, the government said it envisaged signing the key 40 billion US dollars agreement for Liquefied Natural Gas (LNG) project with Equinor ASA and Shell Plc to pave way for exports after completing the…
Three days ago, the EU Parliament adopted a resolution accusing of human rights violations, major environmental and climate risks posed by the execution of the EACOP project. Dar es Salaam. Whilst Tanzania stands to ensure the East African Crude Oil Pipeline (EACOP) is excused in respect to human rights, Uganda sees the European Parliament’s resolution against its construction, as…
Construction for the El-Dabaa Nuclear Power Plant has begun in Egypt. This is the first nuclear power plant in the country and will consist of 4 units with a generating capacity equivalent to 1200 MW per unit using generation III+ VVER-1200 reactors (pressurized water reactors). Alexey Likhachev, Rosatom Director General, and Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy gave…